Formacoat LLC Salary

How much does the Formacoat LLC Pay for employees?

As of July 2026, the average annual salary for employees at Formacoat LLC in the United States is $92,379. This translates to an approximate hourly wage of $44. Salaries at Formacoat LLC typically range from $81,363 to $104,246 annually, reflecting the diverse roles and experience levels within the company. Formacoat LLC’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Formacoat LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Formacoat LLC. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Formacoat LLC

Ready for your next career move? Explore current job openings at Formacoat LLC. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formacoat LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Formacoat LLC’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Formacoat LLC
MFG Durable
Maharshi Industries Pvt Ltd
Vanport Marine Inc
Industry Comparison
Our data shows that, on average, compensation at Formacoat LLC is below the average for the U.S. MFG Durable industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formacoat LLC average annual salary with several similar companies. Formacoat LLC average salary of $92,379 is higher than Maharshi Industries Pvt Ltd, which has an average salary of $88,666. It is higher than Vanport Marine Inc, with their average salary at $90,818. This places Formacoat LLC in a competitive position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Formacoat LLC

Considering a career at Formacoat LLC? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
There's potential for improvement in training and equipment, but overall, the company performs adequately for its size. The company truly invests in its people, offering excellent training programs and clear pathways for career advancement. The teamwork is phenomenal, and everyone is committed to achieving common goals safely and efficiently. Flexible work schedules and safety initiatives enhance ...
Team interactions are courteous but minimal. Scheduling is predictable, and the pay is competitive with the industry. Employees receive steady pay and benefits but experience fluctuating workloads and occasional communication gaps. Shift work schedules can be demanding and affect work-life balance. However, change and ideas for improvement are often delayed. They clearly invest in maintaining a go...
Employees enjoy working in a well-structured environment that prioritizes safety and teamwork. Morale is high thanks to supportive leadership and structured workflows. I come in, do my job, and leave without too many issues. Training varies by team and shift.

Formacoat LLC Overview

Website
www.formacoat.com
Founded In
2002
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2960 Chaska Blvd Chaska Minnesota MN 55318
Revenue
<$5 Million
Phone Number
+1 9528950200
Social Media
About Formacoat LLC
Formacoat LLC provides hydrophilic and custom medical device coating services. The company also provides contract manufacturing of medical devices. It offers coating services to the inner and outer diameters, complex component shapes of micro-catheters, drug delivery catheters, embolic capture devices, medical device balloons, component level materials, hypo tubes, IOL insertion cartridges and oth

What Benefits Does Formacoat LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formacoat LLC offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Formacoat LLC.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Formacoat LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Formacoat LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formacoat LLC

1. What is the average salary for employees at Formacoat LLC?

The average annual total compensation for employees at Formacoat LLC is approximately $92,379. However, this is an aggregate figure, actual salaries can range significantly, typically from $81,363 to $104,246, depending on factors like job role, experience, and location.

2. How much does Formacoat LLC pay compared to Maharshi Industries Pvt Ltd?

The average annual salary at Formacoat LLC is $92,379, or an hourly wage of $44, in comparison to Maharshi Industries Pvt Ltd which pays $88,666 per year or $43 per hour.

3. What is the lowest salary at Formacoat LLC?

The lowest-paying job at Formacoat LLC is an Admin. Office Assistant with a salary of $54,254 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Formacoat LLC?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Formacoat LLC for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Formacoat LLC offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Formacoat LLC, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Formacoat LLC?

Most companies, likely including Formacoat LLC, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.